xnn comments on Separating university education from grading - Less Wrong
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The draft examination papers are sent to the external examiners, who make comments as they deem appropriate. These might, for example, be "this question is too hard" or "this question is not clear". The final approved exams are then taken by the students and marked by the lecturers who set them. The external examiners then return during the moderation process, helping to decide where the boundaries for various classifications should be set.